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Thread: Problem using AMEX for US Savings Bonds
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Old Feb 28, 2002 | 2:07 pm
  #7  
kishna
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Join Date: Feb 2001
Location: California
Posts: 601
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by bdschobel:
I have bought as many as ten $1000 bonds in quick succession without AMEX stopping me. Maybe I just use my card so much that these purchases did not stand out!

Bruce</font>
1. Does anyone know what the current interest rate on the I bond is?

2. What kind of penalty are there if I don't hold them for even 6 months? Do I lose any of the principals or just the interest?

(I took a quick look at the two related threads but couldn't find a quick answer)

Thanks!!
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